Global Steel Fibers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Steel Fibers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Steel fibers exhibit superior properties of tensile strength, shear strength, crack resistance, durability and corrosion resistance. Thus steel fibers are mainly used in reinforcement of the concrete to overcome the problem of concrete brittleness as well as to provide a better finish.

Market Overview:

The latest research study on the global Steel Fibers market finds that the global Steel Fibers market reached a value of USD 1337.22 million in 2022. It’s expected that the market will achieve USD 1862.3 million by 2028, exhibiting a CAGR of 5.68% during the forecast period.

Region Overview:

Asia Pacific dominated the Steel Fibers market in 2022, with a market share of 35.49%.

Company Overview:

Bekaert is one of the major players operating in the Steel Fibers market, holding a share of 11.06% in 2023.

Bekaert

Bekaert SA provides steel wire transformation and coating technologies. The Company offers steel wire products and ropes. Bekaert serves telecommunications, oil and gas extraction, energy transportation, agricultural fences, solar wafering, and bookbinding industries worldwide.

Arcelor Mittal

ArcelorMittal produces steel. The Company manufactures cold rolled, electrogalvanized and coated steels, slabs, bars, and wire rods. ArcelorMittal serves customers worldwide.

Key Companies in the global Steel Fibers market covered in Chapter 3:

Maccaferri SpA
The Euclid Chemical Company
Jiangsu Kesi Chuang Steel Fiber Co., Ltd.
Fabpro Polymers
Stewols India Pvt Ltd
Yuthian Zhitai Steel Fiber Manufacturing
Cangzhou Daye Metal Fiber Co., Ltd.
Junwei Metal Fiber
Arcelor Mittal
Bekaert
ABC Polymer Industries,LLC
Jiangsu Daqi Metal Surface Treatment Co., Ltd
SIKA
Spajic Doo
Tianjin Si Teng Fiber Technology Development Co., Ltd.
KrampeHarex GmbH＆Co.KG
Nycon
Zhejiang Boean Metal Products
HIC Corporation
Hunan Sunshine Steel Fiber

In Chapter 4 and Chapter 14.2, on the basis of types, the Steel Fibers market from 2018 to 2029 is primarily split into:

Hooked Steel Fiber
Crimped Steel Fiber
Straight Steel Fiber
Deformed Steel Fiber
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Steel Fibers market from 2018 to 2029 covers:

Concrete Reinforcement
Composite Reinforcement
Refractories
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)